No justification for 15% increase in transport fares Moses Asaga

The Chief Executive of the National Petroleum Authority Moses Asaga says a 15% increase in transport fares announced by commercial transport operators is unjustifiable.

Mr Asaga explained to Joy News, government deemed a 10% increase to be reasonable and made a proposal to that effect during negotiations.

He says even before they could conclude negotiations, the Ghana Road Transport Coordinating Council at a news conference in Accra announced the changes in transport fees.

A disappointed Moses Asaga insists there is “no justification” for the increases.

Government, he said, had argued that the decline in world fuel prices was expected to continue.

This meant fuel prices in Ghana would be going down so petrol, diesel and LPG would get cheaper.

Oil marketing companies have already announced a 2 to 4% decrease in the prices of petroleum products.

The NPA has served notice it will get the leadership of the transport operators to back down on the 15 percent increase in fares it announced yesterday.

In early January this year, prices of petroleum products went by between 27 and 30 percent after government imposed a new tax on the products under an Energy Levy.

The transport owners argued the review in transport fares is not directly linked to the increase in fuel prices.

Story by Ghana|

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